From the past 3 days, all eyes have been turned towards Bitcoin, whose market dominance has steadily increased. Bitcoin has been gaining Bullish momentum as the BTC price breaks above $12,000 on August 6th. Meanwhile, the bears entered the market and Bitcoin Price sloped down to $11k. At the time of writing, BTC/USD is trading at $12,530 with growing trading volumes.
Bitcoin has recently been dominant on altcoins. Major altcoins also showcased bullish trend following the leading cryptocurrency.
John McAfee, a British-American computer programmer, businessman, and also the US Presidential Candidate 2020. Apart from this, he is one of the most interesting and popular public figures in the crypto industry.
McAfee is an altcoin believer. He believes the real money will be made during the altcoin season.
On August 7th, McAfee tweeted saying that, “Altcoin Season is Right around the corner. Watch MTC and Apollo. That will give you an indication.”
In response to this, one of his followers @Eljaboom tweeted “$Mtc will flyyyyyy” john replied saying “word” referring he is 100% sure that MTC will fly.
Another user @CHalexov2016 asked John, “Do you think $xtz #tezos good to stock some”
John replied saying “XTZ is the bomb.”
Previously, McAfee claimed that Altcoins like MTC and Apollo will rise ten times more. On the other hand, McAfee also believes that “privacy coins will be the next big thing referring privacy coins to a growing category of cryptocurrencies that aim to be private and fast.